[shrinkermd]

"Although there is no evidence that any of the executives broke any laws, the sums involved have led to calls for directors to be forced to hand back gains made shortly before companies fail."

This seems to be more of a moral rather than a legal question. How can you force CEO'S to be moral?

[Vidalia]

And all of this "absolutely blooming" under which POTUS' most nauseating and corrupt 8 years in office in over half a century?

[TomServo]

This seems to be more of a moral rather than a legal question. How can you force CEO'S to be moral?

I dunno. I'm sure the thieves and crooks in Congress will provide the answer, though. If we're lucky - they'll saddle us with more regulations while lining their pockets.

[ClearasaBell]

lets see a workin man gets robbed and its just moral?

[Tokhtamish]

This was The Producers style capitalism.

A failed Broadway producer realizes that he has always been good at raising funds, just lousy at making hit plays. So, gauging his strengths and weaknesses correctly, he deliberately creates an overcapitalized flop.

Similarly, in a glutted market with no product differentiation, Worldcom execs realized that their chances of getting rich were better with manipulation of their overvalued stock than in actually making profits. They knew they had one shot to strike it rich before the roof fell in.

[steve50]

That's what the RICO laws are for. Enron engaged in a conspiracy to defraud by setting up hundreds of offshore companies to hide debt. This "nothing illegal" spin is just to justify not prosecuting them.